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Conceptually, What Is the Standard Deviation

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Conceptually, what is the standard deviation?


Definitions:

Monetary Products

Financial products and services that involve the management, investment, transfer, or lending of money.

Round Off

The process of adjusting a numerical value to its nearest and most simplified form, often by eliminating decimal points or insignificant digits.

Decimal Point

A dot or small symbol used to separate the integer part from the fractional part of a number written in decimal form.

Multiplication

A fundamental mathematical operation that represents the repeated addition of a number by itself a specified number of times.

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